Around 26,500 retail jobs under threat after week of high street turmoil

Around 26,500 retail jobs under threat after week of high street turmoil

About 26,500 jobs are at risk at retailers after a grim week off the UK high street. On Monday, Sir Philip Green’s Arcadia retail empire fell into administration after the pandemic had a “ severe impact ” on sales of its brands. It cast uncertainty…

What one of Amazon’s biggest critics thinks the future of the retail industry means for workers

What one of Amazon’s biggest critics thinks the future of the retail industry means for workers

As department stores across the United States closed their doors or approached bankruptcy, the hundreds of thousands of workers employed by these chains also suffered. Many have lost their jobs or have had their hours of work drastically reduced. At the same time as the…

Retail jobs being cut at fastest rate – and worst is yet to come

Retail jobs being cut at fastest rate - and worst is yet to come

Britain’s beleaguered retailers have slashed jobs at the fastest pace since the height of the financial crisis but the worst of the cuts are yet to come, according to a report. The latest retail sales survey by the Confederation of British Industry (CBI) found the…

Covid-19 crisis set to bring retail revolution with more online shopping

Covid-19 crisis set to bring retail revolution with more online shopping

Almost half of UK shoppers believe the Covid-19 crisis will have a lasting impact on their habits. Research by O2 Business and Retail Economics revealed that 44 per cent think they will see permanent changes to the way they shop, with many saying they expect…